Business Overview
- Company specializing in the distribution of luxury kitchen appliances.
- 90% of our sales are direct-to-consumer, average ticket is $3,800.
- We are almost $10m in revenue with realistic potential to grow exponentially by simply expanding inventory on hand for our established sales channels.
- Excellent and highly coveted manufacturing partner relationships.
- Sold at HomeDepot and Lowes.
- Featured on HGTV regularly.
- Thousands of interior designer customers.
- Excellent market placement price point.
- Customers provide imagery and gushing accolades daily.
Products & Services Overview
Ranges are Manufactured in the Modena, Italy region by a boutique niche manufacturer. We are their first ever partnership in the USA for a private label agreement, and they will not open another account. We grew their global sales by 30%.
Ventilation hoods are produced by another factory in the Venice region nearby. Also, highly coveted boutique manufacturer.
We have luxury refrigeration, dishwashers and more cooking equipment that is sourced in Turkey, China, Thailand, etc.
Capitalization Overview
Business is debt free with strong cash balance on the books and millions worth of inventory, paid for with cash on hand. One founder owner that has operated the business efficiently for 19 years.
Assets Overview
Tangible assets:
Opportunity zone business and property.
40-acre ranch property in the booming Austin/Bastrop metro region complete with 40,000 SqFt distribution center, 7,300 Sqft residential compound, corporate campus, zero restrictions, and debt free.
$3,000,000 inventory.
Intangible assets:
We just developed a new e-commerce website that generates 90% of our revenue with clear cut path for growth.
We transitioned the business to Microsoft Dynamics 365 Business Central & CRM.
We have excellent EDI integrations for orders to stream seamlessly, as well as EDI integration with our logistics scheduling.
Complete training tutorial video library for the easy onboarding of new staff.
Trained and Valuable Staff help make the purchase turn-key.
Established and growing brand name.
Highly coveted contracts.
Established sales pipeline primed for growth.
Tens of thousands of social media followers who are mostly interior designers, builders, and DIY home flippers.
Full Sale
Asking Price:
USD
10 million
(Native Currency: USD 10,000,000)
Reason:
Founder just turned 43 and has been in the business for 19 years since college. Now wants to pursue ...
View More
Includes physical assets worth
USD
10 million
Interested to connect with advisors
In talks with 3 Investors